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Azerbaijani population’s real income exceeds $40 B

Business Materials 20 December 2014 14:37 (UTC +04:00)

Baku, Azerbaijan, Dec. 20

By Maksim Tsurkov - Trend:

The income of the population increased by 4.7 percent and totaled 33.6 billion AZN in January-November 2014 compared to January-November 2013, according to Azerbaijani State Statistics Committee.

The official exchange rate is 0.7844 AZN/USD Dec. 20.

The income growth per capita was 3.4 percent at an annual inflation rate of 1.9 percent.

The purchasing power of the population increased by 1.5 percent compared to the same period of 2013.

The income at the disposal of the population hit 30.6 billion AZN increasing by 5.1 percent compared to the same period of last year.

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Follow the author on Twitter: @MaksimTsurkov

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